Max Petroleum announces drilling results in Kazakhstan’s Sagiz West field
By Aynur Jafarova
Max Petroleum Plc, a British oil and gas exploration and production company, announced positive drilling results in Sagiz West field in Kazakhstan.
"The SAGW-6 appraisal well in the Sagiz West Field has reached a total vertical depth of 1,453 meters, with electric logs indicating 30 meters of net oil pay over a 93 meter interval at depths ranging from 1,194 to 1,287 meters. Reservoir quality appears good with porosities ranging from 15 percent to 23 percent," the company said.
Max Petroleum is running production casing in the well, which will be completed and placed on test production after obtaining the requisite governmental approvals. The ZJ-30 drilling rig will next move to drill the SAGW-14 appraisal well near the southern end of the Sagiz West Field.
Max Petroleum is an independent oil and gas exploration and production company focused on Kazakhstan. The company holds a 100 percent interest in the Blocks A and E license area covering over 12,455 square kilometers in the highly prolific Pre-Caspian Basin in Western Kazakhstan.
Since September 2006, Max Petroleum has drilled 76 wells in its Blocks A and E license area including 26 exploration wells generating eight commercial discoveries at the Zhana Makat, Borkyldakty, Uytas, Asanketken, East Kyzylzhar I, Sagiz West, Baichonas West and Eskene North fields.